Havas: go-ahead from AMF for Opas project.
(CercleFinance.com) - The AMF has announced that the simplified tender offer (OPAS) for Havas shares, as filed by BNP Paribas and Natixis, acting on behalf of Vivendi, is compliant with its regulations.
The initiator irrevocably undertakes to acquire, at the unit price of 9.25 euros, all of the existing Havas shares that it does not hold, i.e. 172,558,525 shares, representing 40.79% of the media group's capital.
Vivendi does not intend to implement any mandatory squeeze-out of the shares the end of the offer, nor request the cancellation of the company's shares.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The initiator irrevocably undertakes to acquire, at the unit price of 9.25 euros, all of the existing Havas shares that it does not hold, i.e. 172,558,525 shares, representing 40.79% of the media group's capital.
Vivendi does not intend to implement any mandatory squeeze-out of the shares the end of the offer, nor request the cancellation of the company's shares.
Copyright (c) 2017 CercleFinance.com. All rights reserved.